Have you ever faced a challenge related to accurate financial reporting based on sales orders? Are your revenue recognition and cash flow reports solid, or have incomplete documents or uncorrected errors about pending transactions made you sometimes view your organization’s finances as a house of cards? Learn how to incorporate incompletion statuses into your financial reporting strategy to help you improve your financial reporting and sales data, resulting in better revenue recognition and cash flow.

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Mary Loughran and Praveen Gupta describe the key configuration steps to set up SAP Bank Communication Management based on a scenario in which all payments of $1 million or more require two approvers. Payments under $1 million do not require approval.

Most businesses that use profitability analysis (CO-PA) use the costing-based version. However, SAP Simple Finance uses account-based CO-PA with SAP HANA. Therefore, knowledge of account-based CO-PA is important for any organization that plans on implementing SAP Simple Finance. Paul Ovigele outlines the pros and cons of account-based profitability analysis (CO-PA) and explains what you need to look for before implementing it.

Pravin Datar provides an overview of how to consume any SAP or non-SAP data from on-premise or cloud systems into SAP Business Planning and Consolidation (BPC) 10.1, version for NetWeaver planning applications without any data duplication and in real time by leveraging the Smart Data Access feature of SAP HANA.

In this video from BI 2014, Scott Leaver offers product updates and best practices for leveraging in-memory predictive analysis and data mining solutions from SAP to enable near real-time analysis on large data volumes and to reduce long-term IT platform costs.

Peter Jones describes an alternative reporting component from SAP that supports business users such as financial analysts who are interested in having all the Excel features available to slice and dice their data as well as in having integration with SAP tables and reporting features.